Week and its not just the dow, this is the best week for the other two major averages as well in seven months. Now to the election of what we know as we come to you at 4 00 oclock in the afternoon on friday, we still cannot call the president ial race and four key battleground states, pennsylvania where we are is one of them, were watching nevada, georgia, north carolina, uc alaska is still not called but that is suspected to stand up in the president s call, if the other for we are watching, pennsylvania, the big headline from the state, former Vice President joe biden taken the lead earlier today as a mailin both cumin, he is up by more than 14000 votes, the same thing happened overnight in georgia, as we look at george of the biden lead has been smaller but he has taken the lead by 1500 votes. We will follow with throughout this hour as we have you covered on all fronts, we have fox Business Team coverage, jacqui thJackie Deangelis, hillary vaun with abiding campaign in delhi were public will start with you in the latest from President Trump. After we saw the president last night in the Briefing Room in his comments the president appears to be at least for the moment trying to change the messaging someone saying that this is not necessarily him rather the process of the whole, they released a statement started the message by saying the following, we believe the American People deserve to have full transparency into although counting election certification and that this is no longer about any single election, this the president writes about the integrity of our entire election process, the president also saying he is not going to give up fighting, that were echoed today by larry kudlow. I dont know about the bitter end, i dont know what that means but i will say to you seriously, i did speak to him ththis morning he intends to fit for what he believes in and what he sees to be some non nonlegal problems, thats way offering that, im not the lawyer, the president intends to fight. The rnc said earlier today that they are launching what they are describing as legal teams that they are putting into four of the crucial states that the moment right now, those states being arizona, georgia, michigan and pennsylvania, heres what the rnc Ronna Mcdaniel in her home state of michigan today. We need to pursue these irregularities and we need people to be patient and give us the time to investigate these are serious allegations of changing the date on balance and refusing to let people observe and a meaningful way, and election of this magnitude. Notice in the sound bite the head of the rnc was talking about irregularities and asking for more time, it is important to point out that to this point the Trump Campaign still has not yet given proof of widespread voter fraud. Connell weve been reporting on that, and pennsylvania and i know other reporters in other states have been as well, blake burman, Hillary Vaughn is up next in wilmington, former Vice President biden is expected to address the nation tonight, hillary what we know about this primetime speech. Were expecting it to happen in the primetime hour but joe biden up until this point has said stay calm and be patient but we are getting indication they are not going to be overly patient and wait for recounts in tight states or wait for Numerous Court challenges to clear, if they think theyre in a position to declare victory. The other thing i feel good about is how joe biden has been handling this, he has told the nation to be calm and patient it is how he will govern when donald trump sadly is trying to take her democracy down with him in the sewer despite the fact there is no evidence of fraud, let the votes be counted. Sources tell fox news the president is not prepared to concede at this point but the Biden Campaign says today they are prepared to export President Trump from the premises of the white house if he does not leave. The Biden Campaign telling fox as we set on july 19 the American People will decide the selection in the United States government is perfectly capable of escorting trespassers out of the white house. But republicans are calling out biden for being silent and democrats were not echoing calls to confirm that the selection has been conducted with integrity. Something they were very concerned about in 2016 when Hillary Clinton lost. Why isnt he joining us in the lawsuit to make sure that there are democrats and republicans, remember these are democrat run cities. He is silent. We were also getting new details about what to expect tonight, we are learning that his running mate Kamala Harris will speak first and then joe biden will address the nation tonight in a primetime address and we were even seen some of those underway, there has been several mike checks conducted and they have been adjusting the lights, they moved the vehicle set up in front of the stage around a little bit and were also learning that theyre prepping a firework show as well. Connell we wonder federal go ahead if the race is still not officially called. Hillary vaughn wilmington, delaware, lets get back to the close on wall street as Jackie Deangelis joins us from new yo york, you have the politics, the jobs report and after a great week and unweaving finish on friday. There were a lot of different narratives today, i would call this a lackluster date given the swings that we have seen during the pandemic and even this week, take a look the dow finished on 66 points, the s p down one point in the nasdaq saw a little bit of again, fourpoint bump, big tech was one of the sectors today that saw some pressure, you can see some of the big tech names like apple, alphabet, amazon, facebook, microsoft seen a slight gain you also saw decline in Energy Stocks, anything that is related to the selection taken on the chin. This is as investors are digesting the news and waiting along with the rest of us to find out what happens but take a look at their performance this week, it was pretty stellar, the dow was up 7 , the s p 7. 3 and the nasdaq up 9 and there were a few competing narratives, the first that joe biden was going to win in a blue wave, thats what caused this bump, others said the market believes President Trump is going to win obviously neither were the outcome in the markets are digesting as you suggested the possibility for a balance of power, even if there is a transition in the white house, looking at the senate very closely but understanding also that there are runoffs in georgia there could be an issue there. I want to go back to the jobs report, normally you would get a number like this and i think the markets will be very excited on a friday, 638,000 jobs were added, the Unemployment Rate down to 6. 9 , the expectation was 7. 7 , a big plunge there that was very positive for an economy obviously that has been pummeled by this pandemic. The final point that i want to make, one quick headline take a look at bio jing, there was a report that the fda panel voted successfully that a standalone study on biogenic oldtimer drug cannot stand alone. So investors are watching the pharmaceutical stocks as well. Back to you. Connell thank you jacqui, steve forbes joins us now, forbes media chairman as he goes on many fridays, whatever happens in this president ial race, as well as the congressional races control of the senate is still not decided, do we have an economy and 70 will have to deal with it and we have the jobs report today, what did he tell you, a lot of jobs being added and maybe not the growth we received when we solve the growth from the pandemic, what did you think of it. Very impressive, 900,000 jobs gained in the private sector, 268,000 jobs were lost because parttime workers for the senses when out of the workforce because the census is being completed, thats an impressive number. I think two in the Third Quarter gdp about Business Investment also extremely positive and if you go into that report a little more that came out today, if you look at the Household Survey which is very volatile goes to what tries to measure households are doing rather than actual businesses, you got 2. 2 million job gain, that goes all over the place over several months but the trendline is extreme the positive as Small Businesses showing signs of life. While youre speaking an interesting headline, the best selection week for the market since the 1930s. We dont know, as i said who necessarily will win the white house, joe biden seems to be closing in on it but theres uncertainty, control of the senate back and forth, whats the bet investors are making, divided government, and Economic Growth argument bouncing back from the pandemic, why did stocks perform so well this we week. They have a cyber relief that the democrats did not run the table. A week ago, two weeks ago the markets were very weak anticipation that the worst could happen but now republican control of the senate no massive tax increase, no 44 Capital Gains tax, 60 Capital Gains tax which would hurt Small Businesses since are taxed on a personal basis, many of them and other potential wars, no increase in the business tax by one third so the worst Case Scenario did not happen in with divided government, there will be a check on the left wing of the democrat party. Connell is that the best Case Scenario for the market have you tried to take your political leaning out of it a democratic president and the republican controlled senate, thats what history tells us, i dont know if there is any thats what weve seen. It limits the mischief that can be done although executive orders especially in the regulatory side can do damage you saw in the Energy Stocks today not doing very well because the government can do a lot on its own but in terms of overall it wouldve been good to have a president who wanted to cut taxes, reduce regulation rather than a president coming in who if he had his way wouldve increased taxes but the worst did not happen in the markets are so happy that we were going to have a depressed economy next year because of the taxes and regulations coming through. Right. Melissa. Connell anything will n the stimulus. I think there will be a stimulus bill and i think that we need one more round and i wish they would not call it stimulus, its more of an aid to people who are hit hard by this covid19 crisis, real stimulus means tax rates and things like that, there will be another round of individual checks, more help for Small Businesses, that is good, that is needed. Connell i know Mitch Mcconnell has said, i think that is priority one will make it to the lames duck session of the congress and we get to the next president ial nonduration, what about this president if hes not declared the winner and as they go along with that or stand in the way, is there any concern . I think he wants to make sure every avenue was looked into in terms of these elections and theres always going to be sadly cloud overhanging it, not allowing poll watchers the common like michigan and violations like that, that is going to put a cloud in the president if he wins, President Biden that will restrict his Authority Even more and it shouldve happened, should of been prevented before the votes were cast and awfully hard to turn that around now. Unfortunately. Connell do you think you went too far, Chris Christie among them has said that the talk of the election being stolen or rigged goes too far in this president has brought those topics up a number of times when we heard from him yesterday and overnight after the election, is it too far for you . You have to understand that a personal level he has been maltreated for four years, but he has been maltreated into have an election that he thought he would win if he would not have this, of course hes going to do what he did, and faxed by his standards he was calm last night, its fine for him to say we must move forward but we gotta get these questions out of the way as quickly as possible, get them counting in arizona and these other places as quickly as possible, he will go alone at the end but in his mind he finds tens of millions of people and there will be an star next to the selection. Connell has been called yet, have a great weekend, we will continue with new information coming in in the state of pennsylvania if the ballot counting hasnt been continuing, stacy made a new announcement and we will get to it. We are following other states as well and on the board we have 60 electoral votes, if you add them up, that is the state to play friday afternoon from harrisburg, the democratic nominee joe biden currently is winning or has won five of the states that President Trump carried in 2016 with legal fights from the Trump Campaign and four states georgia, nevada, pennsylvania and michigan, we will break that down where things stand and where they might be going as we continue through the hour. Much more focus on pennsylvania, i think its 40000 remaining votes still to be counted and will have the very latest as we know it when we come back. Stick around. Nonvalvular afib can mean a lifetime of blood thinners. And if youre troubled by falls and bleeds, worry follows you everywhere. Over 100,000 people have left blood thinners behind with watchman. Its a onetime, minimally invasive procedure that reduces stroke risk and bleeding worryfor life. Watchman. Its one time. For a lifetime. Connell back here at harrisburg pennsylvania it is been quite in the city today we saw a small group of protesters demanding more from an audit as the counting continues at the capitol steps. We have a live look at the city of philadelphia where more protesters are gathered near the Convention Center there still counting ballots in the Convention Center in the overhead book, former people in the streets, will keep an eye on that but the big headline from pennsylvania today is the count, joe biden passing President Trump in the vote count up by more than 14000 votes and rejoined with the very latest on pennsylvania by my colleague from Foxnews Brian yannis is here in harrisburg, good to see you again first of all that is the headline the count, we watch the presidency getting smaller and smaller in Vice President biden takes it. They have released a statement seeing the overwhelming majority of the ballots had been counted and now starting to count the provisional ballots, we dont know how many provisional ballots there are but these are ballots that really its because their eligibility was question were they decided last minute i dont want to vote by mail and i want to show up in person and they fill out a provisional ballots, that has to happen but the bottom line we are talking about 112,000 mailin ballots that have yet to be counted, there is a 14000 vote difference between biden and trump in the majority of the ballots are really outstanding, pittsburgh 23000, philadelphia, the bottom line biden has been winning 75 of the mailin ballots that have been coming in, red counties and blue counties, the numbers are looking good for him now. Then everything was the 30 day extension that was controversial in pennsylvania the deadline is approaching the top of the next hour they have to be in by, i dont know for here about those tonight. That the number one question the late arriving ballots, how many have arrived after 8 00 p. M. On tuesday and before the deadline which is 5 00 p. M. Today, that number matters because those are the number of ballots that could be up for grabs in the biggest legal threat that the gop has going for it which is challenging the validity of th the late arriving ballots. Are trying to hop onto that. It is still a question of whether or not the Supreme Court will even take up this case but kathy has said that she expects a number of these ballots to be far fewer than 60000, we know counties have said 0 late arriving ballots and others 200 500, thats the biggest question right now but all of this is were dealing with a lot of questions and propriety and allegations, senator pat toomey who is a Republican Pennsylvania address this on another network, heres what he said. The president s allegations of largescale fraud and theft of the election are not substantiated. Im not aware of any significant wrongdoing here, the president has evidence or fraud he should bring it to a court, lets get it out in the open. There you go, thats the bottom line weve been talking about, lots of allegations at the end of the day what you have is evidence in the court of the law, we have not seen of widespread voter fraud and frankly it is just counting, there is no stealing its counting votes and we dont know who won the selection of pennsylvania. Just to wrap this up on the night of the election and applies in pennsylvania, the president dominated the in person vote, the Vice President dominated the mailin vote. If the mailin was first in the in person was seconded the narrative would be completely different, and be the fact that trump is gaining ground on bid biden, its just a matter of how its processed, this is new for the state and new for our country. A very good point is processed differently and some of the southern states. Brian llenas from foxnews. 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We talk about the razor thin margin, state Election Officials say compare it to smaller than the student body of many high schools, that is what is going to decide the outcome of this president ial race, more than 4000 ballots remained to be counted statewide, the majority about 3500 from Gwinnett County is suburb north of atlanta that leans democrat, georgia secretary of state announced there will most likely be a statewide recount, the threshold small enough that either party can request a recount without having to jump through legal hurdles, the secretary of state brad Ross Vince Berger who is a republican in a trump supporter is defending the way his state is handling the selection despite criticism in question by President Trump. Take a listen. The final tally in georgia at this point has huge implications for the entire country, the stakes are high and emotions are high on all sides, we will not let those debates distract us from our work, we will get it right and we will invent to defend the integrity of our election. We are half an hour away from the close of business, the deadline for receiving 8899 military and overseas ballots that are still outstanding despite rumors that they may be missing, they are not, you send out ballots to anyone who requests them and its up to that person to get in the mail in time to come back, some people may have just held onto the ballots, not return them, some may of got them in the mail to relate in some may be arriving before the 5 00 oclock deadline, military ballots in particular tend to lean republican but until we find out how many ballots are returned we will not know how much they will influence the outcome of these georgia races. Back to you. Connell late arriving mailin ballots, pennsylvania and georgia, at the 5 00 oclock hour eastern time. Lets shift west and check in with alicia acuna yet. Fox did call the state of arizona for Vice President biden but the story did not in there, what is the latest from where you are. We are inside the Maricopa County elections office, you talk about how her channel did call arizona for biden, there have been for the past few nights we were here late into the night last night, they were a growing number of Trump Supporters outside of this building who were chanting out the vote, thats confusing if you could see behind me thats whats happening in the representatives from republicans and democrats working on account account, let me take you to the numbers heres where things stand, while things tighten when Maricopa County released additional numbers, the president trails the Vice President by 39769, as you know foxnews has called arizona for biden and same goes for the senate race as accounts continue. Income net senator Martha Mcsally trails mark kelli. That is titans, we reach out to the mix ali campaign for a comment, nothing yet. Heres whats left to be counted, and the entire state 220,000 ballots, the largest chunk coming from Maricopa County, 162,982, arizona secretary of state says in conversations she is having with officials in Maricopa County they are getting about 70 80000 and every update. We expect around that same number tonight which will bring the total below 100,000, we are really right where we thought we would be at this point in tabulation of ballots. Were get in get another update, another return data dump at 9 00 p. M. Eastern 7 00 p. M. Local time tonight. Connell fair enough, thank you, alicia acuna yet in phoenix, we have new numbers on the pandemic this afternoon the u. S. Recording 100,000 new covid cases for the second day in a row on thursday there were also at least 1187 reported deaths, that is nearly 20 more than we saw a week ago and hospitalizations have been going up increasing in 18 states that it reported a Record Number of new patients in the hospitals. 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Connell the speaker of the house nancy pelosi spoke to the media today the first time thats happened since the election she touched on the idea of a coronavirus stimulus package and Edward Lawrence joins us from washington with more on that. The how speakers talked with reporters and she wasted no time in saying the selection shows that former Vice President joe biden has a strong mandate in leading this country, she things eventually he will win, what the markets are watching on stimulus the House Speaker says we need an expanded package to help americans. Heres what she said when asked if the packet should be smaller, listen to this. It does not appeal to me at all, they still have not agreed to crush the virus, if you dont crush the virus we are still going to have to be dealing with the consequences of the virus. A source familiar with the negotiations tell me the Senate Majority leader Mitch Mcconnell will take the lead over the next release package, he has supported a more targeted bill pushing 500 billiondollar package that did not pass the Senate Mcconnell maintains any bill should limited Liability Protection for businesses adding the Unemployment Rate of 6. 9 chose the economy does not need a big push. I do think we need another one but i think it reinforces the argument that ive been making over the last few months that something smaller rather than throwing another 3 trillion at this issue is more appropriate with a highly targeted toward things that are directly related to the coronavirus. Mcconnell and House Speaker will deal directly with each other political watchers think her position has been weakened because senate lost seats to republicans in the house, pelosi brush that off say they lost in trump district but when the war. Thank you edward Edward Lawrence in washington, bob from the hill, Edwards Point there was some talk in the markets today about the congressional balance of power and how it all shakes out related to stimulus and whatnot, we have the two senate races in georgia, how do you look at things, there has been so much focus on the president ial race behind the congress looks in 2020. Congressional races house and senate it was a very good night for Mitch Mcconnell also a very good night for house republicans, Speaker Nancy Pelosi was spinning a bit today, they did hold the house but they were expected to hold the house and in politics you lower expectation and what pelosi and other democrats did, they raised expectations, they said were gonna win anywhere from 5 15, maybe 20 seats in the ended up losing seats, thats going to be tough to govern next year for nancy pelosi and i think shes going to be speaker, she may have to sweat getting the votes but i think she will, this will be her last two years of speaker overall the congressional level republicans did well and why, donald trump, he got the vote out. Yes he did even if its not enough to put them over the top, he certainly brought supporter , they have been much closer than predicted for that very reason, and hearing for moderate democrats, we have not heard a lot from quite frankly over the last couple of years in the last couple of days, there has been some full comments, it looks like Speaker Pelosi is going to have her hands full in dealing with a moderate dinner party you are upset with the way the whole campaign was handled. It was a very emotional call yesterday were basically moderates who survived in a couple who did not survive on the Conference Call with the rest of the House Democratic caucus in a battle between progressives and moderates and speaker plus he and others were saying listen we won the war, they have lost the battle here and there and there were some calls, dont tell the media about this call and the democrats talk to various medias about various details. This is a big family fight, disappointing election for House Democrats they did hold the house but they had huge advantages, huge money advantages and really the money did not go very far. Speaking of money i think your audience is interested in that but in another way and they want to know what is going to happen in the congress all the blue way predictions have people think we will get a giant stimulus package, whether you agree or disagree that may have given a boost to industries, that looks less likely or does it, what you see in terms of things getting done the old gridlock is good from the clinton years or something in between what will it actually look like in terms if you had to govern against i think in some ways, if joe biden does become president this could be kind of good for him because hes not going to be pushed way to the left because honestly anything that moves out of the house has to pass in all likelihood a Republican Senate so i think Mitch McconnellMitch Mcconnell and joe biden got along and struck a lot of physical deals, Mitch Mcconnell wanted trump to win but he did not personally go after joe biden, they were very Good Relationship so for covid relief youre probably going to have some type of deal in the lameduck session and Going Forward it is going to have to be a bipartisan compromise because you have a split government and joe biden is going to have to convince some republicans as well as the left to strike deals in the middle. I think a lot of people have brought up he cant nominate far left people into his cabinet, more important i think for investors, Business Owners and the like what about the plans hes presented by getting the tax plan through the congress does not seem likely in the short term. No, if you think that will not get changed dramatically is obamacare because obviously the house is not going to go along with getting rid of obamacare and as well as raising taxes, Mitch Mcconnell i if he is majority leader and doesnt look like its going to is not going to go for any type of repealing the tax law. So the big sweeping item that joe biden was going to move whether on Climate Change or on repealing the tax law, that is not going to happen, theyre gonna have to go more small ba ball. Connell that might be why we had the best we can the market after an election since the 30s even though we pulled back today, always great to see you. Bob cusack from the hill. 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Connell we talked about the historic turnout and with the ballots being counted in some of the key states, what could the outcome of the heated president ial race once we know it to be certain mean for american business, here is suzanne clark, the president of the u. S. Chamber of commerce, early on in the truck for Administration Whether people love the president were not, it seemed fair to say that most characterize this a administration being probusiness or business friendly, cuts in taxes, reduction in regulation, if indeed joe biden is on his way to the white house in a divided government, what will the next regime look like, antibusiness, probusiness, somewhere in between, what your outlook. Thank you for having me, i think the President Trump was good for business, the tax situation and the regulatory efforts that are helpful to the economy in the business community, and the administration that has the up quick qlyui quiuior f stimul, a lot l ofus oinfesussin oesute rereartielltillngng w happy h h h to seehe senheate mheajority er talkut thautt t and we also see theee ten ten adminiration with gnfrasfrturetuhats long beeg b in business forhe priority, we can help create jobs, and the economy but theres more places we can Work Together. Connell , we were talking about this in previous conversation with bob qsar from the hill that again if Vice President biden becomes President Biden he will be restrained by the Republican Congress does not alleviate any concerns you might have about tax policy what is your outlook with the relationship with business on that front. Go to a question and its our priority for preserving the senate where you have a check on those efforts and with the dna, i do think there are prices that can be progrowth or we can find commonality and i think what is come out of this election, it might be status quo but people dont want status quo theres action has to be taken and were hopeful that we can break divides and find the moderate to Work Together as a job creator. Connell is any uncertainty in this transition. They think Business People are worried about . As we look at the markets is seems to be the certainty that people are still fairly good that the election could be over and we can get down to the work that is actually governing so i think business is ready to get this behind us and get back to work. Connell youre probably right about that, the relief of the election being over even about the been officially called, you can sense that from the general public and talking to people, we spent so much time in swing states and talking to voters in the election, do you think businesses are planing differently or should be planing differently year end beginning next year because there might be a change in power, which industry should we watch, what is important in that regard in terms of how they plan because they think policy might change. Is a great question, is a change in power that you alluded to, that is one thing to plan for but also this pandemic, businesses that really want to get to the other side as that as well into different crisis is that it happened, to your specific question about the change in government, i think were really hopeful that we are going to see more legislation as opposed to regulation because businesses want certainty in the fact that regulation can change every four years in the administration does not allow companies to fund the plan. We are hopeful that we can get to a legislative place in a bipartisan support so we know its coming and we dont have a wide shift from administration to administration. Connell fair enough, good to talk to, thank you for coming on, thanks a lot. 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Usaa connell were a back here in pennsylvania, want a take a live look at the city of philadelphia where the vote counting continues, and the headline of the day has been the lead joe biden has taken over President Trump, 14,000 votes plus. City of philadelphia, looking at it from above as protesters have descended on the building where they are counting those votes. The other mace that were watching here place were watching here in pennsylvania is to the west in pittsburgh. A lot of votes in Philadelphia County but also a number of them in allegheny county, which is a heavily democratic area as well. They didnt count the ballots yesterday but they are today, or theyre sitting around talking about it there, having a late lunch, early dinner, whatever the case may be in pittsburgh. But there were 30,000 outstanding votes there. Those are the two places to watch, and they both lean democrat. All right, lets check in on nevada as well. We had the leadup to Vice President biden in that state that, i believe, has expanded a little bit, 49. 7 to 48. 1. Jonathan hunt joins us from las vegas. Whats the latest, jonathan . Reporter well, connell, in terms of sheer numbers, former Vice President biden virtually doubled his lead from yesterday over President Trump. He now has a lead of just a little over 20,000. Were due to get some more numbers in a couple of hours time, expect important fact here that the vast majority of the new vote numbers are coming from here in clark county, heavily democratic. Youll find a lot of political experts here in nevada who say there is simply no way back at this point for President Trump. But there is a legal challenge to some of those votes, a judge is due to start hearing any minute now a case in which republicans allege some 3,062 votes were cast by people who arent hell legally resident in nevada. Democrats say that claim is baseless, they got some backing from the charkh county registrar clark county registrar who say somebody not residing here would have the legal right to vote here. You dont have to live here to be eligible to vote. This is a military town. We also have several students. Its not out of the ordinary at all for somebody not to live here, but be eligible to vote here. Reporter and, connell, we have looked through that list of names, and there are, indeed, several listed as apo or spo for their address, that means a military post office as youre probably aware. So so there are, clearly, some active duty military on there who have the absolute legal right to vote as residents here in nevada. But as they say, a judge is about to hear the case any minute now. Connell jonathan, thanks. Jonathan hunt there live in las vegas. So as jonathan says, well continue to follow all these legal challenges in the various states. But as weve reported throughout the hour whether its here in pennsylvania, there in north dakota or georgia and other states nevada, theres been no evidence of widespread fraud presented to us. We continue to follow it. 264214 in favor of Vice President biden in a race that still has been too close to call. Thanks for joining us this week, well see you on monday. Lou good evening, everybody. The president hangs in the balance this hour, so all the more does the nations future. For years the radical dems have openly threatened to fundamentally change this nation and at the very least change the rules of the constitution in their favor. So now it is that same party telling us that they will now play by the rules, the rules that theyve quite obviously broken in a number of states. That they will count votes honestly, they say, in democratic strongholds like philadelphia, atlanta, detroit and las